Question

Joe Purchase a State of the art 80 Hz LED television to pay for this Television Joe borrows money from a lender the interest-rate that Joe has received on this loan is considered to be a high interest on which statement accurately portrays the situation Joe may soon find himself in

Answer 1

Incomplete question. I answered from a general perspective.

Answer:

run into debt

Step-by-step explanation:

It is noteworthy here that Joe decides to engage in a purchase transaction despite having limited funds. His decision to borrow would thus lead him to acquire more debt.